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Elliott wave analysis of EUR/NZD for May 23...

May 22, 2017Comments off

Wave summary: The failure to accelerate higher and the break below minor support seen at 1.5987 indicates that a slightly deeper correction towards 1.5836 should

Greece Fails to Unlock New Bailout Funds as...

May 22, 2017Comments off

Greece has failed to reach an accord to secure the next batch of its multi-billion bailout money as discussions with eurozone finance ministers stumbled. Eurogroup

Bitcoin Continues Winning Streak on Surging...

May 22, 2017Comments off

Bitcoin continues its rise on the ongoing convention on virtual currencies in New York and an increase in weekend interest from Asian investors. Consensus, a

Too Sudden to Claim Labor Market Victory: F...

May 22, 2017Comments off

It is too sudden to claim victory on the labor market’s recuperation from the recession amid recent development, according to Federal Reserve Governor Lael Brainard.

Elliott wave analysis of EUR/JPY for May 23...

May 22, 2017Comments off

Wave summary: EUR/JPY broke above resistance seen at 124.94 indicating the rally of the 122.53 low was impulsive (in 5 waves). This means that wave

Technical analysis of EUR/USD for May 23, 2...

May 22, 2017Comments off

When the European market opens, a batch of economic reports will be released such as ECB Financial Stability Review, Flash Services PMI, Flash Manufacturing PMI,

Technical analysis of USD/JPY for May 23, 2...

May 22, 2017Comments off

In Asia, Japan will release the All Industries Activity m/m. The US will also release some economic data such as Richmond Manufacturing Index, New Home

Daily analysis of major pairs for May 23, 2...

May 22, 2017Comments off

EUR/USD: The EUR/USD pair went upwards yesterday, testing the resistance line at 1.1250. There could be some temporary pullback after this, but price is expected

19 killed, at least 50 injured in explosion...

May 22, 2017Comments off

Police in Manchester, England, confirmed that 19 people had died and at least 50 more had been injured following what reports from the scene said

Capitol Report: Trump’s budget takes aim ...

May 22, 2017Comments off

Getty Images Office of Management and Budget Director Mick Mulvaney says the Trump administration is changing eligibility requirements for two tax credits as it seeks